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2023 - Volume 55, Issue 5

Nonlinear Employment Effects of Tax Policy

DOMENICO FERRARO,  GIUSEPPE FIORI

Does Competition Affect Bank Risk?

Liangliang Jiang,  Ross Levine,  Chen Lin

CLO (Collateralized Loan Obligation) Market and Corporate Lending

ANGELA GALLO,  MIN PARK

Information Aggregation Bias and Samuelson's Dictum

YONGOK CHOI,  GIACOMO RONDINA,  TODD B. WALKER

Talking Over Time - Dynamic Central Bank Communication

LAURA GÁTI

The 1932 Federal Reserve Open-Market Purchases as a Precedent for Quantitative Easing

MICHAEL D. BORDO,  ARUNIMA SINHA

Downward Nominal Wage Rigidity and Inflation Dynamics during and after the Great Recession

TOMOHIDE MINEYAMA

The Effect of Monetary Policy on Consumption Inequality: An Analysis of Transmission Channels through TANK Models

MOMO KOMATSU

Phillips Correlation and Price-Change Distributions under Declining Trend Inflation

Sohei Kaihatsu,  Mitsuru Katagiri,  Noriyuki Shiraki

 

How Powerful Is Unannounced, Sterilized Foreign Exchange Intervention?

ALAIN NAEF,  JACOB P. WEBER